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Obstructing party asset probes to carry fine of NT$500K

The China Post
Date: July 24, 2016
By: The China Post news staff

TAIPEI, Taiwan — Any political party found obstructing investigators from conducting probes on assets under suspicion will face a maximum fine of NT$500,000, according to a draft bill governing the treatment of illicitly gained party assets that will be up for final ratification by the Legislative Yuan.

It is one of the 20 articles published on Saturday on which lawmakers of both the ruling and opposition lawmakers have reached a consensus following inter-party negotiations on Friday.

After an 8-hour inter-party negotiation session chaired by Legislative Speaker Su Jia-chyuan, the legislative caucuses of ruling and opposition parties agreed to deal with the 20 articles out of a total of 34 articles of the draft bill.

The remaining 14 articles, the official title of the bill and the titles of five chapters in the bill are subject to further discussions and a final vote.     [FULL  STORY]

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